Nifty values for 5th September 2023
Prev Day
High – 19545
Low – 19432
Close – 19528
DOJI FORMATION
Intraday Bullish
possibilities:
Move above 19545 – next swing high – 19584-19600 –
corresponds to 50% retr of the wave 19991 – 19223.
Intraday Bearish possibilities:
Break below channel – 19495 –
T1 – 19432 – prev day low
Hourly close below 19430 – will weaken further as
week’s close is breached and a move below 19430 – SL -15 min close above 19440.
PRICE ACTION LEVELS TO WATCH:
19600
19545
19495
19430
